BP has just announced that it intends to invest $1 billion into
increasing the crude oil production along Alaska’s North Slope.The plans
include the installations of an additional two new drilling rigs in
Prudhoe Bay, as well as new well work and drilling, and an upgrade to
existing facilities.BP also hopes to begin a separate $3 billion project
to develop the west end of the Prudhoe Bay field, de
by peixej@oilprice.com (J...
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5h
http://oilprice.com/Latest-Energy-News/World-News/New-Tax-System-Spurs-BP-to-Invest-1-Billion-in-Alaskas-North-Slope.html
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